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Volumepriceanalysis

BCC/BTC - Volume/Price Divergence - 8-10% Swing OpportunityBCC/BTC is now exhibiting a Volume/Price divergence, and has been for the better part of a day. Using the VZO Indicator, which is a leading indicator, gives us an idea of bulls vs bears action in the market. A divergence such as this demonstrates that there are a lot of bulls (and therefore upward pressure on prices) that haven't yet been reflected in the price action. Given this, we look to enter once a strong upward movement is determined. Usually, I wait for a green closing candle (and a strong close relative to total trading range for that period), and then set a conditional buy order above the high of the previous candle. E.g. if the previous candle's high was 0.133300 (such as BCC 0.11% looks like it will), I'll set a conditional buy at 0.133700. This hopefully will catch any potential movement up - price movements based on a Volume/Price divergence can be extremely quick - and prevents us from being bounced into the trade via a high shadow candle. Look to enter this trade at 0.133700 - 0.134700 , and then set a stop loss below the lowest closing price (which at the moment is 0.130303). This is a very tight stop loss (3.5%), but it's preferable to take a small loss on a volatile movement such as this. Time is of the essence with these! So get in quickly. Note: the last candle was a hammer candle, and the current candle has ranged high (and low), so this could go either way yet. Always exercise caution. You're better off missing a few % points of profit to negate the risk of a loss.
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by DreamsDefined
1
One to definitely watchThis is another coin I'm heavily interested in and got the opportunity to buy a lot of when it was still 11sats... look at the potential since. My last bit of confluence that triggered me to buy was based on similar activity (Volume spike) being showed a year prior around Jun/Jul. I'm not saying to wait till next year to buy nor not to expect another spike in price till then, we could either expect one in roughly half that time and/or an even bigger spike by Jun/Jul next year. Either way, just look at the volume... it has never spiked this high and a well known technical signal for price hikes is volume, so keep your eyes open on this one. It could possibly floor to 14/15sats if the devs don't release any news soon and kills the hype, conversely: It grew from a high of 116 to 475sats in a year. It can go as high as 625 sats and then correct around 80-100sats for a while.
B
by DatBomp
LTC Analysis and Volume LessonLTC/USD PAIR BITFINEX:LTCUSD wicked off of the first fib level, completely normal in my opinion. The Chalkin Money Flow (SURPRISE SURPRISE volume indicator :D) showed a decrease in buying pressure as the price moved up, creating a 100% predictable cool down and pull back. I don't expect LTC to come down too far before stabilizing. If the volume picks back up, then it will continue for a smaller push back to ATH levels if we see short-term mainstream interest continue. Our strength and momentum indicators are getting the much needed break they wanted for a stable price. I do expect a bit more of a drop before we continue bullish but nothing crazy showing as of now. LESSON: Momentum and strength indicators can be at the ceiling (topped out) and a price can continue to rise if the volume levels show no divergences, look at BTC or in the case LTC's rise on price but topped out Stoch and RSI. Volume showed the price continuance at $230 but began to reveal the divergence in buy pressure shortly after and making it clear around $300-330 (RSI and STOCH showed weakness too even thought the price continued up from the FOMO. Predictable 100%. Next time someone says "Oh the RSI is capped or the STOCH or such and such is capped we are going down", take a look at the volume indicators like a wise day trader does. ;)
BITFINEX:LTCUSDLong
by Nick_Core
3
THE IMPORTANCE OF VOLUME ANALYSIS: Part IIThe wave is currently finalized and is working as planned: I ended the previous post pointing at the lack of the volume required to confirm trend reversal at supposed point 5. And in fact, for quite a while the price kept slowly drifting up and down without substantial moves in any direction. This situation lasted until bearish volume spike on 07/11 that initiated real trend reversal. It is also necessary to point out that though that spike was only medium in nature, but the change in its volume compared to previous data was sudden and drastic. Later the volume changes were driving the price accordingly up and down, but most importantly the local bearish trend was established and continued successfully. Currently, the price is close to the crossing of the line 2-4 at which volume dynamics should be carefully monitored as this may provide a good tip if this is really the end of the analyzed downtrend. If you have any questions, feel free to ask in comments or PM me.
OANDA:UK100GBPEducation
by OceanBlue
CAD/CHF *18 NOv 2017* Short SetupCADCHF -0.75% bears has been pending for quite some time now and last week, we had a nice sell down from legendary supply zone . However, friday's close did not break my support zone. Perhaps CAD is stubborn because of the potential more bull in Oil 2.57% due to the dramas in Middle East? Since xxx/CHF pairs are bearish at the moment, last week's price action and I am expecting CADCHF -0.75% to slide further. I will be patient and shorting at the highs. Disclaimer: This is just my personal opinions and execute your trades at your own Diligence.
Short
by chris_aung